A method or procedure that is based on custom and is subject to change as developments arise and can be outdated by the SEC's Accounting Series Release (ASR).
Related information about accounting convention:
- Accounting Convention Definition | Investopedia
Guidelines that arise from the practical application of accounting principles. An accounting convention is not a legally-binding practice; rather, it is a ...
- What Is an Accounting Convention?
An accounting convention is a practice generally followed by all accountants as a result of custom. Changing norms in the accounting and financial industries ...
- Accounting Convention - Financial Dictionary - The Free Dictionary
An accounting procedure used informally. That is, an accounting convention has been neither endorsed nor prohibited by the SEC or another appropriate body.
- accounting convention Definition | Business Dictionaries from ...
methods or procedures employed generally by accounting practitioners. They are based on custom and are subject to change as new developments arise.
- Financial ABC's - Accounting convention
Accounting conventions have evolved to help practitioners overcome some of the practical problems associated with preparing accounting statements.
- What is accounting convention? definition and meaning
Definition of accounting convention: A method or procedure that is based on custom and is subject to change as developments arise and can be outdated by the ...
- Accounting Concepts & Conventions
Oct 2, 2009 ... An accounting convention may be defined as a custom or generally accepted practice which is adopted either by general agreement or ...
- Historical Cost Accounting Convention Definition - NASDAQ.com
Historical Cost Accounting Convention: read the definition of Historical Cost Accounting Convention and 8000+ other financial and investing terms in the ...